Well let Shop Investment for Sale
Summary
- Ground floor and basement
- Vat Free with a Net initial yield of 7.04%
- 999 year lease plus share of freehold
- Seven Years Unexpired
- Nearby retailers include Sweaty Betty, David Clulow, Aimé and Blink Brow Bar.
- Currently Let to Hari & Friends Ltd, trading as Hari’s Salon
Accommodation
The accommodation comprises the following areas:
| Description | sq ft | sq m |
| Ground Floor Sales (ZA 377 ZB 106 Rear Sales 63) | 546 | 50.73 |
| Basement Ancillary | 476 | 44.22 |
| Total | 1,022 | 94.95 |
Location
The property is situated in the northern section of Ledbury Road, close to the junction with Chepstow Villas. Other retailers located in this section of Ledbury Road include Sweaty Betty, David Clulow, Aimé and Blink Brow Bar. Westbourne Grove and Ledbury Road combine to form the core, upmarket retail and hospitality zone of Notting Hill. Please see Goad traders plan below.
Get directions from Google Maps
Mainline Stations
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Shepherd's Bush19 mins
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Paddington19 mins
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Kensington (Olympia)23 mins
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Queens Park (London)27 mins
Underground Station
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Notting Hill Gate7 mins
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Westbourne Park9 mins
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Bayswater10 mins
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Ladbroke Grove10 mins
Further Information
Price £1,040,000
EPC Rating This property has been graded as D
Accomodation
The property comprises a self-contained ground floor and basement retail unit providing the following approximate floor areas:
Ground Floor Sales 546 sq ft (ZA 377 ZB 106 Rear Sales 63)
Basement Ancillary 476 sq ft
Tenure
999 year lease at a peppercorn, plus share of freehold management co.
Lease
Let for 15 years expiring 2.10.2031 on effectively full repairing and insuring terms
Rent
£77,500 pa, subject to upward only review in October 2026
Tenant
Let to Hari & Friends Ltd, trading as Hari’s Salon, a hairdressing and beauty business established in 1977 and currently operating from five locations, successfully trading at this property since 2016 https://harissalon.com/
Guide Price
One million and forty thousand pounds (£1,040,000) to offer a net initial yield of 7.04% after costs of purchase at 5.8%.
Legal Costs
Each party to bear their own
VAT
Will not apply
Energy Performance Certificate
EPC (Band D) expired – new EPC in preparation
Gallery
